ALICES FAMILY RESTAURANT LLC (MN) - 2020 PPP Loan Borrower Profile (# 9708677003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALICES FAMILY RESTAURANT LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

9708677003

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$38,105

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$38,398.2

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,876

Payroll Proced

32,484

Mortgage Interest Proceed

745

Lender

RiverWood Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

BAUDETTE, MN

Project Location

BAUDETTE, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.